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Leo Wandersleb
46fcbe3065eaf1ae7811465924e48923363ff3f526bd6f73d7c184b16bd8ce4d
https://walletscrutiny.com https://nostr.info Working on Bitcoin, Nostr and being a good dad.

Who wants a #Bitcoin coffin?

I met Roberto a while back and he was interested in Bitcoin and given his style we thought this would be a nice fit.

META: I keep bugging nostr:npub1v0lxxxxutpvrelsksy8cdhgfux9l6a42hsj2qzquu2zk7vc9qnkszrqj49 or nostr:npub1tcsfj5636h8yqpvgrkrk4ewrfqsjrl67a9sux9wzv9mxc5m8skmsaacu6x (but that ambiguity is another bug) about https://git.v0l.io/Kieran/snort/issues/386 but another way to "fix" this would be for clients to stop using positional e-tags. May I ask you which client you used here that still uses positional e-tags?

The zap is emitted by the LN node, isn't it? Or the nostr client needs to get a notification from LN node to emit the zap. Either way, the btcpayserver nostr plugin asks for my nostr npriv

What I also find worrying is how popular closed source nodes like Umbrel are. You really take the effort to host it at home but then you run an OS that you cannot know if it phones home your keys?

I'm missing out on the whole #zapathon phenomena because doing it the right way is just too complicated.

I feel really uncomfortable promoting Alby or WoS with my profile and the btcpayserver plugin requires me to set the lightning address to match the nip05 and I have to put my nostr private key into the btcpayserver?

nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg and Shaumian mint devs wouldn't this be something to tap into? Zap by sending encrypted tokens to npub instead of LN addresses? The nostr identity could then acknowledge the receipt with a zap message. No need to configure nip05.

Being open source is not helping you when the open source software does not control the private keys.

At WalletScrutiny.com we usually don't ask about source code when the source code does not control the private keys but neither have I noticed ever a project that would have an open source client to manage custodial coins. Only some wallets that have custodial accounts next to non-custodial accounts.

They won't remove their control. They maybe add ssl and Linux support ;)

That's why I assume using Linux helps but I'm not 100% convinced the firmware is ignorant to other operating systems. Maybe the authors of the article or the researchers themselves only cared about Windows.

https://thehackernews.com/2023/05/critical-firmware-vulnerability-in.html

So Gigabyte thought it would be a good idea to have their firmware insert an executable on the user's boot disk that would then load ... whatever through an insecure connection once the system is up? And this is totally ok?

Please tell me that as a Linux user I am not affected by this specific issue!

Blockstream wants to use Jade tokens. Probably because it gives the Liquid blockchain utility. Their Liquid tokens are not interesting because they are not used much. The struggle of network effects: Reach critical mass.

Today, more people have nostr accounts than Liquid wallets and I guess the trend is clearly in favor of nostr.

For a token, you need

* a cryptographic ID: To hold a digital token, you need the token to be assigned to something that you control. Your public key for example. The issuer's ID also needs to be established. Several people here on nostr attested to nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n being the real deal.

* a tool to store that ID's credentials. Nostr clients do that and we are seeing hardware wallets to also provide this now

* a protocol for issuing and assigning tokens - nostr badges have these

* a protocol to transfer tokens - nostr so far completely lacks this but it could be added

Yes, nostr lacks global state so the issuer could over-issue and yes, the issuer wouldn't need to send certificates to relays for something like the Jade token to work but it makes sense to build on the nostr key infrastructure and for some applications it makes sense to have the tokens to be compatible with being stored on relays and publicly attributed to a user. Blockstream might want some of their Jade turn-over to be public. They might want to gift jades very transparently to influencers that then make give-aways etc.

The network effect right now is with nostr. We are deploying public key cryptography at scale and every use case adds to the network effect.

"NFTs on nostr"

There was a thread about NFT on nostr the other day which got much hate and yeah, I think it was a meme token for the lulz that didn't solve any problem but I think the topic is worth exploring on nostr.

My hypothesis is that ERC20 and later standards were "successful" because they standardized certification in an ecosystem that already had cryptographic identities and tools to securely store keys.

Most applications of ERC20 would have been better without a blockchain and almost all tokens gained little from being all mashed together on the same blockchain.

On nostr, many are allergic to tokenomics and all that shitcoin BS but ... we have "badges". Not all love them and we certainly don't give them much weight yet but it is already a kind of certificate with an issuer and a recipient, leveraging identities on nostr. There is no badge I know of that would raise eye-brows but in their essence, badges are as of now non-transferable NFTs. An artist could issue them and sell attribution with the promise of only selling 20 attributions. Violating this limit would be possible and nostr would not always allow to proof which ones are the first 20 but you could proof that the issuer over-issued given the signed events.

And we could make these badges transferable in a way that would be good enough for many token applications where the issuer would act as a central authority. nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n just now gave away some hardware-wallet-tokens that are worth one of their devices in their store but as nostr-badge-like events it could work, too. Their store could allow the owner to buy a badge for another nostrich with it. Boom. Transferable.

Valparaiso region, Chile.